The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1887-05-26
CONSIDERING CONSOLIDATION.
Meeting Of the Directors Of the Georgia
and Carolina Midland and Representatives
Of the Three C's in Reference to Coosol~
idation of These Railroads.

Columbia Cor. Neps s. Courier, Nay IS,
We are having an important rail
road meeting here tonight. The
meeting is being held at the Grand
Central Hotel By committee of the
Georgia and Carolina Midland Rail.
road, formerly the Augusta, Edgeheld
and Newberry Railroad. These gen.
tlemen are Col. r. L. Mclaughlin of
! Newberry, President R. NJ. Mitchell,
of Augusta, Senator VIM. Munroe of
Union, and Senator J. G. Black of
York, who were appointed to nego.
tiate with the managers of the Char
lesion, Cincinnati and Chicago Rail.
road Company with a view to the
consolidation of the two roads.
On the part Of the Three Cs Road
there are here General Manager R.
A. johnson and Senator NJ. G. But.
Ter. The train from Charlotte with
some of the conferees was late in
reaching Columbia tonight and Pres
ident Mitchell did not arrive here
from Augusta until 10 P. NJ. so the
Conference did not begin until a
very late hour. At l A. NJ, the rail-
road men are still locked up in room
IA. The conferees are very close
mouthed, but it is known that the
Three C's have made IAN attractive
offer to the Midland for a consolida.
tion. VI course the minor road will
be merged into the trunk line.
If the arrangement lis made the
Three Cs will have two outlets to
the sea, the first from Blacks to
Camden and thence to Charleston,
aid the second from Blacks to Au-
gusta and thence to Savannah, Char
lesion and Port Royal. The Geor-
gia and Carolina Midland is an am.
bilious line, but it has not the capi.
tai behind it which would make it
independent. If it consented to be
swallowed by the Three C's it would
be speedily completed and we'll
equipped and operated, and that is
probably all that the counties and
townships whose money is building
it care about. The Three C's will
not only have a second route to the
sea if it absorbs the minor road, but
it will get short line to Florida.
Rapid progress is being made in
the construction Of the Three Cs.
The section between Blacks and
Rutherford is being operated ener-
getically and is developing the coun.
try very much. All of the stations
on the line are of very ornamental
character and the equipment Of the
road, it IS announced, will be the
finest in the State.
At l A. NJ. Mr.. J. G. Jeffries, of
Gaffney, came down from the meet
ing, which he had addressed in the
interest of his town, Gahney wants
the Georgia and Carolina Midland
to tap the Air Line within it's limits,
instead Of Blacks, eight miles away.
Limestone Township has voted
$4,000 for a railroad and Drayton-
vile Township $4,000, although the
latter subscription is contested. MIR.
Jeffries showed that these sums could
only be obtained by road touching
the Air Line at Gaffney's and ar
gued in favor Of such route. The
committee from the Midland prom
ised to take the matter under advise.
ment.
The conference adjourned q few
minutes after ] o'clock. Nothing
was concluded.
Another meeting will be held at
10 o'clock tomorrow. 1t is expected
that the consolids tion will be effected.
The committee Of the Midland di.
rectors have no authority to conclude
an arrangement, but only 10 report
their findings. to the directors and
stockholders Of their road.
Consolidation Recommended
Columbia Register.
The following is the full text of
the papers drawn up and shows in
detail the arrangement concluded:
Resolced, That we the undersigned,
a committee of Directors appointed
at a meeting Of the Directors Of the
Georgia and Carolina Midland Rail
road Company, held at NewbeFry on
the 18th of May, 1887, for the purpose
of comforting with the authorities of
the Charleston, Cincinnati and Chi
cago Railroad Company, in regard to
proposed consolidation Of the said
Georgia and Carolina Midland Com
Epany hereby agree to recommend to
the Board Of the Georgia and Caro-
lima Midland Railroad Company, at
! q meeting to be called for that pur-
pose, that o consolidation be effected
with the said Charleston, Cincinnati
and Chicago Railroad Company in
the manner prescribed by the Gen.
eral Statutes Of South Carolina, and
with tile following conditions to be